Deloitte

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The Financial Reporting Council (FRC) has imposed sanctions including a £500,000 fine against Deloitte and one of its former Audit Engagement Partners over its audit of an undisclosed company's defined benefit pension scheme. The sanctions concern the statutory audit of the company's

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Non-bank or direct lending saw a decrease of 29% in the first half of this year, according to the latest Alternative Lender Deal Tracker from Deloitte. The tracker found that a  total of 140 European deals were completed in the first half of 2020, compared to 197 for the same period last y

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Audit fees at the Big Four accountancy firms Deloitte, PwC, EY and KPMG increased by 6.9% last year as they increased their charges to account for tougher regulations introduced by the regulator.  The Financial Reporting Council’s (FRC) 2020 Key Facts and Trends in the Accountan

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Finance leaders continue to rank the effects of the COVID-19 pandemic as the top risk to their businesses, followed by rising geopolitical issues and the effects of Brexit, according to Deloitte’s latest CFO survey. Almost two-thirds (62%) of CFOs do not expect demand for their own businesses

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Partners at Deloitte are to be hit with a 17% pay cut after revenue growth dropped during the coronavirus pandemic. All 709 equity partners of Deloitte’s UK operation will receive an average payment of £731,000 for the year to the end of May 2020, a drop from a record £882,000 in t

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Big Four audit firm Deloitte has been slapped with a record £15 million fine by the Financial Conduct Authority (FCA) in connection with failures in its audit of Autonomy. The watchdog today announced sanctions against the firm and former partners Richard Knights and Nigel Mercer following ear

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Deloitte has become the first of the Big Four accountancy firms to establish plans for a new governance structure to comply with the financial regulator’s demands for a break-up of their operations. The company has revealed that it will establish an audit governance board in January next

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Five members of Deloitte's Scotland team have been included in the ICAS Top 100 Young Chartered Accountants list, which celebrates and recognises 100 inspiring individuals working in the world of accounting, finance, and business. This year’s list names eight young Deloitte professionals,

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Renfrewshire-based clothing firm M&Co has appointed Deloitte as its administrators as it announced that it will be cutting almost 400 jobs. M&Co has been put into administration with Deloitte appointed as administrators. The firm's assets were immediately bought back by the family which had

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Finance leaders expect a slow pick-up in activity, with no quick bounce back anticipated, according to Deloitte’s latest CFO survey. The survey found that almost half of CFOs surveyed (49%) do not expect demand for their own businesses to recover to pre-pandemic levels until after the second q

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The Financial Reporting Council (FRC) is seeking to slap Big Four audit firm Deloitte with a record £15 million fine in connection with failures in its audit of Autonomy. An FRC Tribunal ruled yesterday that Deloitte "failed to discharge its public interest duty" in its audit of Autonomy prior

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